NEWS

2551 operating factories and 500 under construction

Published 4 Jun 2014
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2551 operating factories and 500 under construction

Saudi Industrial Property Authority allocated SR 9 billion ($ 2.4 billion) to upgrade
services, infrastructure and support services in 33 industrial properties. With 2551
operating factories and 500 under construction, the total investments amount to SR 150
billion ($ 40 billion). 300 prefabricated factories have been established for small and
medium size businesses while 2000 will be established during the next  two years  to
provide industrial incubators for young entrepreneurs.

Last Modified Date: 04/06/2014 - 2:03 PM Saudi Arabia Time

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